Relating to or denoting a distribution of wealth such that any redistribution or other change beneficial to one individual is detrimental to one or more others.
- Someone marching to the front of a queue and buying someone else's space in it is Pareto-optimal; the other people are made no worse off, and the parties to the exchange are made better off.
Definition of Pareto-optimal in:
What do you find interesting about this word or phrase?
Comments that don't adhere to our Community Guidelines may be moderated or removed.